Sustainable recovery in world oil prices became one of the trends of 2017. As of January of last year, a barrel of Brent was worth 55 USD, in the first half of the year it only became cheaper, down to 47.9 in June. But in the summer suddenly it went into the growth, and in December the monthly average value amounted to 66.9 dollars per barrel.
November 1, the Minister of Energy Kanat Bozumbayev held a meeting on the progress of the Pavlodar Petrochemical Plant (PPCP) modernization, with the participation of the Operating Vice-President of Transportation, Refining, and Marketing of the KazMunayGas Daniyar Tiesov and Director General of PPCP Shukhrat Danbay.
Karachaganak Petroleum Operating B.V. (KPO) has announced its performance results for the year of 2017. KPO General Director, Renato Maroli, said: “2017 was a tremendously successful and exciting year in many ways. For KPO it was marked by many important milestones and achievements which are truly remarkable”.
Oil refineries of the country produced 3 million tons of gasoline over a year - 4% higher than a year earlier production of diesel fuel, on the contrary, declined by 6% - down to 4 million tons
Experience with a vast array of world-scale oil, gas and infrastructure project. Integrated planning and concept selection for greater efficiency. Best-in-industry safety and environmental performance.
The First Deputy Minister of Energy of the Republic of Kazakhstan Makhambet Dosmukhambetov answers the question of the Petroleum Journal.
Current oil prices are leading for emergent cost reduction wherever possible. As we know, pipelines are subject to physical wear out and need regular inspections throughout their lifespan.
How KAZSERVICE is becoming a transfer between oil service companies and major investors
Forecasts of world oil prices and some aspects of their impact on the State budget of the Republic of Kazakhstan. Nuguzhinova Asemkhan, Ibrashev Ersin, Analysts of the Analytics and Project Management Department of the Information and Analytical Center of Oil and Gas JSC
Interfax Energy chief analyst Peter Stewart in the Global Gas Analytics (GGA) review has outlined 10 key trends that will impact the cost of gas in the new 2017-2018 gas year, which started on October 1st. The growth of the Chinese LNG market